The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK Rightmove house price index advanced less than expected in February
In February, on a YoY basis, the Rightmove house price index rose 2.30% in the UK, lower than market expectations for an advance of 2.80%. In the previous month, the Rightmove house price index had advanced 3.20%.
UK retail sales advanced less than expected in January
On a YoY basis, in January, retail sales registered a rise of 1.50% in the UK, lower than market expectations for an advance of 3.40%. In the previous month, retail sales had advanced by a revised 4.10%.
UK retail sales unexpectedly slid in January
Retail sales unexpectedly dropped 0.30% in the UK on a monthly basis in January, compared to a revised drop of 2.10% in the prior month. Markets were expecting retail sales to rise 1.00%.
UK Rightmove house price index rose in February
The Rightmove house price index in the UK climbed 2.00% on a MoM basis, in February. The Rightmove house price index had risen 0.40% in the prior month.
Euro-zone construction output fell in December
On a MoM basis, the seasonally adjusted construction output slid 0.20% in December, in the Euro-zone. In the prior month, construction output had advanced by a revised 0.90%.
Euro-zone current account surplus dropped in December
The seasonally adjusted current account surplus in the Euro-zone fell to €31.00 billion in December. The Euro-zone had registered a revised current account surplus of €36.40 billion in the previous month.
Euro-zone current account surplus rose in December
The Euro-zone has posted the non-seasonally adjusted current account surplus of €47.00 billion in December, compared to a revised current account surplus of €40.80 billion in the prior month.
Italian current account surplus widened in December
Current account surplus in Italy expanded to €5.54 billion in December. Italy had posted a current account surplus of €4.64 billion in the prior month.
US leading indicator rose more than expected in January
In the US, leading indicator registered a rise of 0.60% in January on a MoM basis, higher than market expectations for a rise of 0.50%. In the previous month, leading indicator had advanced 0.50%.
Foreign investors became net buyers of Canadian securities in the previous month
Foreign investors were net buyers of C$ 10.23 billion worth of Canadian securities in December, as compared to being net buyers of a revised C$7.26 billion worth of Canadian securities in the prior month.
Canadian investors turned net buyers of foreign securities in the previous month
Canadian investors turned net buyers of C$6.70 billion worth of foreign securities in December, from being net sellers of C$7.87 billion worth of foreign securities in the previous month.
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